Niger

Nigeriaanse cryptogebruikers reageren op het besluit van Paxful om te stoppen

  • Nigerian crypto users believe Paxful’s demise will make it difficult for most users in the country.
  • De Centrale Bank van Nigeria verbood cryptohandel en -transacties in 2021.
  • De financiële toezichthouder beweerde dat de stap was om het gebruik van cryptocurrencies voor misdaden zoals het witwassen van geld, wapenaankopen en terrorismefinanciering te beteugelen.

Peer-to-peer marketplace Paxful announced on Tuesday that it would shut down its operations due to the departure of key employees, regulatory uncertainties, and a recent lawsuit filed by one of the company’s co-founders. While the decision was shocking to the broader crypto market, Nigerian crypto users seem to be the most affected.

Nigerians relied on Paxful’s peer-to-peer marketplace to carry out crypto transactions following a ban on crypto trading in the country. A Chainalysis rapport plaatste Nigeria op de 8e plaats wat betreft het gebruik en de acceptatie van cryptovaluta. Google-zoekopdrachten toonden ook aan dat Nigerianen de meest nieuwsgierige crypto-gebruikers waren.

Accounting service provider Recap created a list of the top 50 crypto hubs and Nigerian cities Lagos (14) and Ibadan (24) ranked among some of the top cities. However, Paxful has a huge role in this growth. Paxful is credited with expanding Nigeria’s crypto industry with its peer-to-peer service.

In a 2022 interview with Business Africa Insider, Paxful’s CEO named Nigeria as its grootste markt, with 1.5 million users and over $1.5 billion in volume. However, the company’s demise has left users in the region stranded for alternatives.

Chima Lewechi, 30, told Bitnation that Paxful helped him trade gift cards for Bitcoin and that losing the exchange was a “disaster” for the Nigerian crypto community. Some other Nigerian users explained that Paxful proved useful in exchanging dollars for the Nigerian naira.

In reactie op de situatie vertelde Maxwell Ugonna, een cryptohandelaar, aan Bitnation:

Paxful made it easy to use crypto despite the CBN’s ban. But the company’s closure leaves me concerned about the future of cryptocurrency in Nigeria and the world at large.

Most crypto users are concerned about getting their funds back following Paxful’s announcement on Tuesday. However, Paxful’s CEO, Ray Youssef, reassured users in a tweet that the company was working to clear users’ send-outs.

Lawrence Woriji
Lawrence Woriji Geverifieerde auteur

Ik heb een aantal spannende verhalen in mijn carrière als journalist behandeld en vind blockchain-gerelateerde verhalen erg intrigerend. Ik geloof dat Web3 de wereld zal veranderen en ik wil dat iedereen er deel van uitmaakt.

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